According to Bitcoin.com, Iran expressed its support for the plan for a unified BRICS currency. The BRICS countries are accelerating the pace of reducing their dependence on the US dollar, and a unified currency could greatly promote economic ties among member states. Iran said it would fully support the plan if other member states agreed. In response, former US President Donald Trump threatened to impose 100% tariffs if the BRICS countries went ahead with the plan.
Goldrepublic content architect Alexej Jordanov said in a post published Friday by the Official Monetary and Financial Institutions Group Forum (OMFIF) that the BRICS countries have shown strong interest in developing gold-backed digital currencies as part of efforts to reduce international trade dependence on the US dollar.
According to TASS, Russian and BRICS companies will establish an AI development alliance.
On December 2, it was reported that during the 16th BRICS Leaders' Meeting held in Kazan, Russia, information about BRICS Pay, a decentralized multilateral cross-border transfer system jointly launched by BRICS countries, was spread on the Internet, and it was said that the pilot was launched in China. Search for "BRICS Pay", and even a decent "official website" appeared, with...
21:00-7:00 Keywords: BRICS, Ripple, grey release 1. Trump demands that the BRICS countries "commit" to using the dollar; 2. Ripple CTO: Government "addicted to indirect regulation"; 3. Coinbase CEO: Anti-money laundering regulations are a policy failure. Yesterday, Virtual Protocol issued a total of 1,104 tokens, setting a single-day record. 5. The grey release cryptocurrency portfolio market value has increased by more than 85% in the past month; 6. Former Facebook executive: Diem/Libra stablec...
President-elect Trump of the United States has demanded that the BRICS countries commit to neither creating a new BRICS currency nor supporting any other currency to replace the powerful dollar, or they will face 100% tariffs.
On October 31 local time, Indonesian Foreign Ministry spokesperson Roy Sumirat said that Indonesia has submitted an application to join the BRICS countries and looks forward to becoming a full member of the BRICS countries. Indonesia is currently waiting for the final decision of the BRICS member countries. Sumirat said that Indonesia hopes to expand its economic partnership with its member countries and make a more active contribution to the global crisis by joining the BRICS countries.
Russian presidential foreign policy adviser Ushakov said that the BRICS cooperation on the cross-border transfer system will be based on advanced tools such as digital technology and blockchain. This will effectively solve the problems existing in the current cross-border transfer system. The establishment of a common cross-border transfer system among the BRICS countries will be a steady and gradual process, and its future needs to be further improved...
On October 23rd, with the opening of the BRICS summit in Kazan, Russia, the issue of cryptocurrencies is on the agenda. Russian lawmakers are pushing the idea that Russian miners could sell their tokens to international buyers, and domestic buyers could use bitcoin markets and other crypto marketplaces to pay for imported goods, effectively bypassing Western sanctions. Richard Wolf, an American economist and professor emeritus at the University of Massachusetts Amherst, commented on the situatio...
On the morning of October 23, local time, President Xi Jinping will attend the 16th BRICS Summit in Kazan, Russia.